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Loan Frenzy Masks Rising Losses on Defaults: Credit Weekly

(Bloomberg) Companies sold a record volume of leveraged loans last month, taking advantage of the cash chasing credit. A glance at recovery rates for defaults, however, highlights a growing risk in this debt. Most Read from BloombergHomebuyers Are Starting to Revolt Over Steep Prices Across USWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedModi Set for Landslide Election Win in India, Exit Polls ShowSaudi Arabia Puts Wall Street on Notice to Set Up Shop in RiyadhTrump Is ....

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Risky Borrowers Storm Loan Market for Once 'Unthinkable' Savings

Risky Borrowers Storm Loan Market for Once 'Unthinkable' Savings
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John Graham , Hellman Friedman , David Saitowitz , Andrzej Skiba , Contacts Inc , Caliber Collision Inc , Capital Group , Intermediate Capital ,

Risky Borrowers Storm Loan Market for Once 'Unthinkable' Savings

Companies are rushing to take advantage of the booming leveraged loan market and issue new first-lien debt to help pay down the pricier obligations. ....

John Graham , David Saitowitz , Hellman Friedman , Andrzej Skiba , Contacts Inc , Caliber Collision Inc , Capital Group , Intermediate Capital ,